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Last published at August 6, 2009 at 6:05 PM

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Developer puts land near Seattle Center up for sale

A California developer who planned to build a 32-story residential tower on Denny Way near Seattle Center before the economy tanked has...

By Seattle Times business staff

A California developer who planned to build a 32-story residential tower on Denny Way near Seattle Center before the economy tanked has put the property up for sale.

Laconia, then known as Levin Menzies & Associates, received city land-use permits in 2007 for a 283-unit condo project it called the Icon Tower on the small, triangular block bounded by Denny, Sixth Avenue and Wall Street.

The developer paid $4.38 million for the property in June 2007, according to county records.

When the downtown condo market softened last year Laconia tried without success to obtain financing for the project as apartments.

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